Louisiana extends deadlines for taxpayers in disaster areas

The Louisiana Department of Revenue is granting tax filing and payment extensions to taxpayers in areas that have been declared federal disaster areas due to the severe storms on February 7, 2017. The filing and payment extensions apply only to those taxpayers whose homes, principal places of business, or critical tax records are located in the following ZIP codes in Livingston and Orleans parishes: 70447, 70454, 70462, 70706, 70785, 70126, 70127, 70128 and 70129.

Extensions are available for individual income, corporate income and franchise, fiduciary, partnership and partnership composite taxes and estimated tax payments. For tax filing, extensions are available for taxpayers with original or extended due dates on or after February 7, 2017, and on or before June 30, 2017. For tax payments, extensions are available for taxpayers with original due dates on or after February 7, 2017, and on or before June 30, 2017. As a result, taxpayers currently on extension are not eligible for any additional extension for purposes of payment. Qualifying individuals and businesses will have until June 30, 2017 to file returns and pay any taxes due. (Revenue Information Bulletin No. 17-007, Louisiana Department of Revenue, February 20, 2017.)